Smart Grid Technologies and Their Role in Sustainable Energy Management

Abstract

Purpose: The general objective of this study was to analyze smart grid technologies and their role in sustainable energy management. Methodology: The study adopted a desktop research methodology. Desk research refers to secondary data or that which can be collected without fieldwork. Desk research is basically involved in collecting data from existing resources hence it is often considered a low cost technique as compared to field research, as the main cost is involved in executive’s time, telephone charges and directories. Thus, the study relied on already published studies, reports and statistics. This secondary data was easily accessed through the online journals and library. Findings: The findings reveal that there exists a contextual and methodological gap relating to smart grid technologies and their role in sustainable energy management. Preliminary empirical review revealed that smart grid technologies significantly transformed energy management by enhancing sustainability, reliability, and efficiency through advanced metering, real-time analytics, and improved communication networks. These technologies enabled better integration of renewable energy sources, reduced greenhouse gas emissions, and empowered consumers with detailed energy usage information, leading to cost savings and increased energy efficiency. However, challenges such as high implementation costs, infrastructure needs, regulatory hurdles, and cybersecurity risks were identified. The study highlighted the importance of continued research, supportive policies, and public engagement to optimize smart grid deployment and achieve a more sustainable energy system. Unique Contribution to Theory, Practice and Policy: The Diffusions of Innovations Theory, Socio- Technical Systems Theory and Actor- Network Theory may be used to anchor future studies on smart grid technologies. The study recommended adopting a multidisciplinary approach to smart grid research, enhancing interoperability through standardized protocols, and investing in workforce training. It emphasized supportive regulatory frameworks, including incentives and dynamic pricing models, to promote smart grid adoption. Public awareness and engagement were deemed crucial, suggesting educational campaigns to increase consumer participation. The study highlighted the importance of international collaboration for knowledge sharing and called for continuous investment in research and development to drive technological advancements and ensure the sustainability and efficiency of smart grid systems.